2 Acres
Acreage
$1,399,900
Rare investment opportunity in Thorold's growing Niagara region! 2.406 acres of C5 Highway Commercial zoned land with endless potential uses, including commercial plaza, truck/trailer parking, storage, restaurants, convenience stores, drive-throughs, banquet halls, lodges, and more (with city approval). Property includes a detached 3-bed, 1-bath home currently generating approx. $3,000/month rental income plus a garage workshop. Directly across the street, a major new residential & commercial development by Bousfields Inc. is underway, featuring 46 detached homes, 264 townhouses, and 1,753 apartment units. To capitalize on this growth, the seller has proposed a new commercial plaza on site (under city review) - site plan available on request. Expected to have utilities installed soon. Excellent location with easy highway access. Gas line on property with well water & septic already in place. Whether you're looking to develop, operate a business, or hold for long-term appreciation, this property offers immediate rental income and tremendous future potential in a high-growth community. (id:62616)
Property Details
|
MLS® Number
|
X12847656 |
|
Property Type
|
Vacant Land |
|
Community Name
|
561 - Port Robinson |
Building
Land
|
Acreage
|
Yes |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
680 Ft |
|
Size Frontage
|
165 Ft |
|
Size Irregular
|
2.406 |
|
Size Total
|
2.406 Ac |
|
Size Total Text
|
2.406 Ac |
|
Zoning Description
|
Highway Commercial |
https://www.realtor.ca/real-estate/29430846/13029-lundys-lane-thorold-port-robinson-561-port-robinson